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US February consumer credit outstanding +14.12B vs +15.0B expected

  • Credit up $14.12 billion
  • Prior 19.49B (revised to 17.68B)

Lending was a tad cooler in February so maybe there are signs that high rates are working? Those 14% rates on used car loans aren’t exactly enticing.

This article was written by Adam Button at www.forexlive.com.

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